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AFRY provides engineering, project management, and advisory services that enable the energy and industrial transition and strengthen resilience in society. With 18,000 experts worldwide, we combine a global reach with local insights and deep sector knowledge to make a lasting impact for generations to come. Making future

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  • Andrea Giesecke

    Head of Group Communications


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    Interim Report January-June 2026

    Continued progress but profitability uplift still ahead Second quarter 2026 – The order backlog amounted to SEK 22.4 billion (20.7) at the end of the quarter – Net sales decreased by 2.4 percent to SEK 6,511 million (6,674) – Organic growth adjusted for calendar effects was -5.3 percent – Calendar effects had an impact of SEK 35 million on net sales and SEK 27 million on EBITA – Utilization rate was 73.5 percent (72.6) – EBITA excluding items affecting comparability amounted to SEK 434 million (438), with a corresponding EBITA margin of 6.7 percent (6.6) – EBITA

    AFRY supports modernization of Austria’s Franz-Josefs-Bahn

    AFRY has been commissioned by ÖBB-Infrastruktur AG to provide services for the modernization of the Franz-Josefs-Bahn in Austria. The project forms part of a broader investment program to upgrade rail infrastructure between Vienna and Gmünd, aiming to improve capacity, reliability, and overall service quality.The Franz-Josefs-Bahn is an important regional rail corridor connecting Vienna with northern Austria and the Czech border. The line is currently undergoing a long-term program to modernize and strengthen its role in modern, efficient transport. The program includes upgrades to

    Invitation to the presentation of AFRY’s Q2 report 2026

    AFRY invites investors, analysts and media to a presentation of the Q2 report for 2026 on Wednesday, July 15, at 10:00 CET with Linda Pålsson, President and CEO, and Bo Sandström, CFO. The report will be published at 07:00 CET on the same day.Analysts and investors who wish to ask questions are welcome to join the presentation through the Teams link below. Please use the “Raise Your Hand” feature during the Q&A session. It is also possible to follow the presentation through a webcast, without the opportunity to ask questions. Date: Wednesday, July 15, at 10:00 CET Teams link: Click

    AFRY signs framework agreement with Ellevio for technical consulting services in electricity network operations

    AFRY has signed a framework agreement with Ellevio AB concerning technical consulting services in electricity network operations. It covers a broad range of technical competencies related to the development, operation and maintenance of Ellevio’s electricity network.The framework agreement includes, among other things, consulting services in local and regional electricity networks, documentation services, inspections, forestry and land rights, as well as operation and maintenance. Assignments will be called off on an ongoing basis through renewed competition during the term of the agreement.

    AFRY to support the development of resilient food system in Sweden

    AFRY has been commissioned by the Swedish Food Agency to develop technical requirement specifications for mobile and modular grain mills and associated packaging solutions. The assignment is part of the effort to strengthen the preparedness and resilience of Sweden’s food system to ensure food production for over one million people during crises and periods of heightened need for readiness.The project focuses on enabling local production of flour and other grain-based foods and maintain food supply if regular supply chains are disrupted. The requirement specifications will form the basis

    AFRY awarded engineering assignment for UK’s first full-scale carbon capture facility

    AFRY has been awarded an engineering assignment by Kanadevia Inova in connection with the development of the UK’s first full-scale carbon capture facility, in waste-to-energy.The project is being developed by Encyclis, a leading owner and operator of energy-from-waste facilities in the UK, together with the greentech company Kanadevia Inova acting as engineering, procurement and construction (EPC) contractor for the carbon capture plant. As part of the project, AFRY will deliver detailed engineering services for steel structures and piping systems related to the integration of the carbon

    AFRY awarded assignment for the new Helsingborg hospital in southern Sweden

    Region Skåne, the authority responsible for healthcare and regional development in Skåne, will build a new hospital in Helsingborg, southern Sweden. AFRY has been awarded the role of lead design consultant for installations, civil works, and external water and wastewater systems. The project will create a modern, future-ready healthcare environment, with a strong focus on robustness and high operational reliability.The new hospital area in Helsingborg is one of the largest hospital projects in Sweden in decades, and will include an emergency hospital including psychiatry, high-tech care,

    AFRY to provide comprehensive project delivery services for Acelen Renewables’ new biofuel plant in Brazil

    Acelen Renewables, a Brazilian energy company, has selected AFRY to deliver comprehensive project services for the construction of their new biofuel production plant in Brazil. The project aims to produce renewable fuels that can reduce greenhouse gas emissions by up to 80 percent compared to fossil fuels, making a significant contribution to regional climate goals.The plant will be located in the city of São Francisco do Conde, in the state of Bahia, and is set to produce 1 billion liters of biofuels annually, focusing specifically on green diesel (HVO, Hydrogenated Vegetable Oil) and

    AFRY selected to design the Rail Nordica railway project in Finland as part of a consortium

    The Finnish Transport Infrastructure Agency has selected a design consortium, in which AFRY is one of two parties, for a project aimed at connecting Finland’s rail network with the Northern European rail infrastructure.AFRY will, as part of a consortium, be responsible for the administrative planning of the railway connection and related infrastructure, as well as permitting processes and geotechnical investigations. The objective of the Rail Nordica project is not only to strengthen Finland’s rail connections westwards but also to ensure smooth cross-border transport chains. The

    AFRY signs framework agreement with Svenska Kraftnät for IT services

    AFRY has signed a new framework agreement with Svenska Kraftnät, the Swedish national grid operator, covering development, design and quality assurance services for Sweden’s electricity transmission system. AFRY was selected as one of six final suppliers following a two-stage procurement process.[AFRY, logotype.] Svenska Kraftnät is expanding and modernizing Sweden’s electricity transmission system to ensure a secure and sustainable electricity supply. Through the framework agreement, Svenska Kraftnät will gain access to AFRY’s expertise in designing, building, testing, and improving

    Report from AFRY’s Annual General Meeting 2026

    AFRY AB (publ) today held its Annual General Meeting (the "AGM") at the company's head office in Solna. The AGM resolved in accordance with all proposals of the Board of Directors and the Nomination Committee.The AGM resolved to re-elect Viveka Beckeman, Jan Berntsson, Tom Erixon, Magnus Heimburg, Jenny Larsson, Neil McArthur, Åsa Pettersson and Kristina Schauman as members of the Board of Directors. Further, the AGM re-elected Tom Erixon as Chairman of the Board. The AGM adopted the Income Statement and the Balance Sheet as well as the consolidated Income Statement and the consolidated

    Interim Report January-March 2026

    Steady progress with improved utilization and strong order backlogFirst quarter 2026 – The order backlog amounted to SEK 21.5 billion (20.2) at the end of the quarter – Net sales decreased by 6.3 percent to SEK 6,325 million (6,749) – Organic growth adjusted for calendar effects was -4.3 percent – Calendar effects had an impact of SEK -15 million on net sales and SEK -11 million on EBITA – EBITA excluding items affecting comparability amounted to SEK 473 million (490), with a corresponding EBITA margin of 7.5 percent (7.3) – EBITA amounted to SEK 426 million (459), with an

    AFRY partners with Endra for AI in Building Design

    AFRY enters into a strategic collaboration with Swedish startup Endra to explore AI driven design efficiencies in building systems.AFRY has entered into a strategic collaboration with tech company Endra, who have developed an AI based platform designed to support MEP engineering within electrical, and fire safety design. The purpose is to improve quality, efficiency, and sustainability in building design. “AI has the potential to transform how we design and deliver buildings,” says Thomas Hoff, Head of Public & Commercial Places in Sweden at AFRY. “To stay competitive and relevant, we

    AFRY to design the Cavezzolo Viaduct in the Lugano Tram‑Train network

    AFRY, as part of a consortium, has been awarded the mandate to deliver the detailed design of the Cavezzolo Viaduct, a part of the future Lugano Tram‑Treno network. The contract reinforces AFRY’s strong position in shaping sustainable mobility solutions in Switzerland.AFRY, together with Bänziger Partner AG as part of the “Consorzio AB”, has been entrusted with the design of the Cavezzolo Viaduct, a central structure within the Rete Tram‑Treno del Luganese. The award follows the strategic planning phase of the new tram‑train connection, which will link Lugano city centre with the two

    Invitation to the presentation of AFRY’s Q1 report 2026

    AFRY invites investors, analysts and media to a presentation of the Q1 report for 2026 on Tuesday, April 28, at 12:00 CET with Linda Pålsson, President and CEO, and Bo Sandström, CFO. The report will be published at 11:00 CET on the same day.Analysts and investors who wish to ask questions are welcome to join the presentation through the Teams link below. Please use the “Raise Your Hand” feature during the Q&A session. It is also possible to follow the presentation through a webcast, without the opportunity to ask questions. Date: Tuesday, April 28, at 12:00 CET Teams link: Click

    AFRY and Holinger awarded contract for a new water treatment project in Berlin

    AFRY, together with Holinger, has been commissioned by Berliner Wasserbetriebe to design a new ozone treatment stage – the fourth cleaning stage – at the Münchehofe wastewater treatment plant.The Münchehofe plant is one of Berlin’s key wastewater treatment facilities, serving roughly 300,000 residents in Berlin’s eastern suburbs and its surrounding area. The new ozone treatment stage will significantly improve the plant’s capacity to remove micropollutants, supporting Berlin’s long term environmental and water quality objectives. “This project is an important step in strengthening

    AFRY and GE Vernova Hitachi signs collaboration agreement to deploy BWRX-300 small modular reactor

    AFRY has entered into a non-exclusive collaboration with GE Vernova Hitachi Nuclear Energy to support the deployment of BWRX-300 small modular reactor (SMR) technology.Small modular reactors (SMRs) represent a new generation of flexible, low-carbon nuclear energy technology. While modular reactors offer greater construction efficiency than traditional large reactors, new nuclear power projects remain highly complex. Collaboration across sectors and the sharing of expertise are essential to ensure success and to develop commercially smart solutions that benefit both license holders and

    AFRY strengthen its capabilities to support the defense sector with new segment

    AFRY is establishing a dedicated Defense segment to strengthen its strategic focus on security and resilience across the Nordic region. Building on 70 years of experience in the sector, AFRY brings together its technology and engineering expertise to better support clients and partners in the defense sector.Geopolitical unrest and global instability have highlighted the need for stronger security and total defense across the Nordic region. To address these complex challenges and meet the growing demand for resilience and defense services, AFRY now consolidates its defense capabilities into

    AFRY strengthens its position in the energy sector with key role in Norwegian grid infrastructure project

    AFRY has been awarded a central role as client representative and project management partner in the execution of a new transformer substation at Onarheim in Western Norway. The assignment is carried out on behalf of Statnett and involves leading a major infrastructure project aimed at strengthening power system reliability and enabling further electrification and industrial development.AFRY has been awarded a central role as client representative and project management partner in the execution of a new transformer substation at Onarheim in Western Norway. The assignment is carried out on

    Notice to the 2026 Annual General Meeting of AFRY

    The shareholders of AFRY AB (publ) are hereby given notice to the Annual General Meeting (the "AGM") on Tuesday 28 April 2026 at 14:00 (CEST) at the company’s head office at Frösundaleden 2A, Solna, Sweden. Registration starts at 13:30 (CEST).  The shareholders may also exercise their voting rights at the AGM by postal voting in accordance with the provisions of AFRY’s Articles of Association. Materials from the AGM, such as the President and CEO’s presentation and presentation material available at the AGM, will be available at www.afry.com/en the day after the AGM.Right to

    AFRY publishes its 2025 Annual and Sustainability Report

    AFRY's Annual and Sustainability Report for 2025 is now available on the Group's website.The report provides an in-depth overview of AFRY’s business and the new strategy “Unlocking AFRY”, as well as the progress and key milestones achieved during the year. It also highlights concrete examples of the value created for clients as we work together to drive the transition toward a more sustainable and resilient society. “Looking back on my first year as CEO of AFRY, it has been a year defined by change, hard work and progress. Throughout the year, we have acted at a high pace to set the

    AFRY appointed Owner’s Engineer for Upperchurch wind farm in County Tipperary in Ireland

    AFRY has been appointed Owner’s Engineer by Irish renewable energy developer Ecopower for the construction of the Upperchurch wind farm in County Tipperary, Ireland. The project marks AFRY’s fifth wind farm with Ecopower and will add up to 84 MW maximum export capacity to the country’s grid.Around one third of Ireland’s electricity is generated by wind power, making it a cornerstone of the country’s clean energy supply. As Owner’s Engineer, AFRY will act as project manager for the construction of 22 wind turbines with a combined installed capacity of 99 MW and a maximum export capacity of

    Grid fee exemptions are key to battery storage profitability

    A new analysis by AFRY Management Consulting reveals that maintaining grid fee exemptions is critical for the economic viability of battery energy storage systems (BESS).[AFRY, logotype.]As Germany redesigns its grid fee system under the Allgemeine Netzentgeltsystematik Strom (AgNes), AFRY’s analysis highlights that the expiration of current grid fee exemptions in 2029 could reshape the investment landscape for energy storage, AFRY’s Senior Principal Carlos Perez Linkenheil explains: “Germany has become one of the most dynamic merchant battery markets in Europe. The current grid fee

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